USDCAD: ⬇️ Sell USDCAD reversed from strong resistance area Likely to fall to support level 1.3755 USDCAD currency pair recently reversed down from the strong resistance area between the round resistance level 1.4000 intersecting with the upper daily Bollinger Band and the resistance trendline of the daily down channel from March. The downward reversal from […]
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As widely expected and priced, today the RBNZ reduced the OCR by a further 25bps to 3.25%. The decision was reached following a 5 – 1 vote, with one MPC member voting for no change Read more…
Daily Pivots: (S1) 193.48; (P) 194.56; (R1) 196.05; More… Intraday bias in GBP/JPY remains on the upside for 196.38 resistance. Firm break there will resume whole rally from 184.35 and target 61.8% projection of 184.35 Read more…
Daily Pivots: (S1) 162.42; (P) 163.19; (R1) 164.28; More… EUR/JPY’s break of 163.35 resistance suggests that fall from 165.19 has completed as a correction. Intraday bias is back on the upside for 165.19 first. Firm Read more…